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AB Builders has 6-year bonds outstanding with a face value of $1,000 and a market price of $970. The bonds pay interest semi-annually and have

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AB Builders has 6-year bonds outstanding with a face value of $1,000 and a market price of $970. The bonds pay interest semi-annually and have a Yield-to-Maturity of 10.10%. What is the coupon rate? 9.42% 9.00% 9.62% 9.22% 4.71%

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